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SJR 03: LAND GRANT FUND BALANCE AND DISTRIBUTION, CA

A Joint Resolution Proposing An Amendment To Article 12, Section 7 Of The Constitution Of New Mexico To Establish A Minimum Balance Of The Land Grant Permanent Fund To Be Maintained Before Any Additional Distributions Are Permitted; To Extend The Current One-half Percent Additional Annual Distribution Beyond Fiscal Year 2016; And To Provide An Additional Annual Distribution From The Permanent School Fund, Starting In Fiscal Year 2016, For Early Childhood Education Services Administered By The State For The Benefit Of Children Before They Are Eligible To Attend Kindergarten.

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Summary

This bill is currently considered to have “no conservation impact (NCI).” Protect New Mexico does not provide a summary for bills that receive a NCI rating. A bill receives an NCI rating when it is viewed to be outside the scope of conservation bills but may be of interest from a political or nonprofit perspective. Bills may also receive a NCI rating if it has a title that sounds like it might involve conservation but in reality does not.